FROST DEVELOPMENT AS

Under liquidation: 08/19/2026, Voluntary liquidation

Etablere og drive profesjonelt langrennslag for dame og herre på høyt internasjonalt nivå. Selskapet skal bidra med kompetanseoverføring og styrke utviklingsmuligheter for langrennsløpere. Frost Development AS skal levere kompetanse, informasjon og kurs. Selskapet kan også helt eller delvis eie andre selskap som skal være operative i markedet.

Utvikling og drift av langrennslag.

Keywords

sportspeoplerefereestimekeeperssports federationsregulatory bodiesstablesracehorsesdogsgaragesracing carsoperationsport fishinghuntingauxiliary servicessports activitiesleisure activitiesmountain guides

Organization

Chairman of the board: MG
Mikael Gunnulfsen1993
Years since formation: 10 years; since Jun 28, 2016
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 30,000; 1 share class
Total number of shareholders: 5; persons

Financials

Total operating income 2025: 1,539,854; NOK
Annual total result 2025: 183,551; NOK
Total equity 2025: 249,967; NOK

Last update: Aug 19, 2026

Management

Board

Name	Role	Shares
MG Mikael Gunnulfsen 1993	Chairman	20 % directly
HK Hans Kristian Norheim Lahus 1978	Board Member	20 % directly
MS Mattis Stenshagen 1996	Board Member	20 % directly
EM Eirik Mysen 1993	Board Member	20 % directly
MH Mats Håkon Breda 1989	Board Member	20 % directly

Others

Name	Role	Shares
P PILAR REGNSKAP SA	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HK Hans Kristian Norheim Lahus 1978	Board Member	20 % directly
MH Mats Håkon Breda 1989	Board Member	20 % directly
EM Eirik Mysen 1993	Board Member	20 % directly
MG Mikael Gunnulfsen 1993	Chairman	20 % directly
MS Mattis Stenshagen 1996	Board Member	20 % directly

Last update: Sep 4, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
EM Eirik Mysen 1993	Ordinary shares	6,000	20 %
HK Hans Kristian Norheim Lahus 1978	Ordinary shares	6,000	20 %
MH Mats Håkon Breda 1989	Ordinary shares	6,000	20 %
MS Mattis Stenshagen 1996	Ordinary shares	6,000	20 %
MG Mikael Gunnulfsen 1993	Ordinary shares	6,000	20 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	1,539,854	902,866	334,674	373,432	440,548
Annual Total Result	183,551	36,416	-60,198	148,262	-169,549
Total assets	936,297	276,686	13,457	180,077	384,797
Total liabilities	686,330	210,270	73,655	76,943	429,925
Total equity	249,967	66,416	-60,198	103,134	-45,128

P&L

Year	2025	2024	2023	2022	2021
Total operating income	1,539,854	902,866	334,674	373,432	440,548
Total operating costs	1,282,444	875,214	411,751	204,227	641,955
Operating result	257,410	27,652	-77,077	169,205	-201,407
Financial income/costs	-2,191	-49	-100	-279	4,049
Profit before tax	255,219	27,603	-77,177	168,926	-197,358
Total tax & extraordinary income/cost	71,668	-8,813	-16,979	20,664	-27,809
Annual Total Result	183,551	36,416	-60,198	148,262	-169,549

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	125,757	8,813	16,979	7,145	27,809
Total current assets	810,540	267,873	-3,522	172,932	356,988
Total assets	936,297	276,686	13,457	180,077	384,797
Short term debt	686,330	210,270	73,655	76,943	429,925
Long term debt	0	0	0	0	0
Total liabilities	686,330	210,270	73,655	76,943	429,925
Contributed capital	30,000	30,000	0	30,000	30,000
Retained earnings	219,967	36,416	-60,198	73,134	-75,128
Total equity	249,967	66,416	-60,198	103,134	-45,128
Total equity and liabilities	936,297	276,686	13,457	180,077	384,797

Classification

21st company classification

BETA

Scaleup

FROST DEVELOPMENT AS917 387 095